I take it for tax purposes it will be reported on a 1099

Report problem with this ad

May 15, 2024
1:14:13pm

fresnoa 3rd String

I take it for tax purposes it will be reported on a 1099

Report problem with this ad

fresnoa

Bio page: fresnoa
Joined: Apr 20, 2022
Last login: May 28, 2024
Total posts: 212 (0 FO)

Report problem with this ad

Messages

Author

Time

I work w/ a guy who's son was a 4* recruit, committed to Penn St and will start

May 15, 1:06pm

Sorry if a stupid question, but is the $ per month all year, or just the season?

gangbusters

May 15, 1:09pm

He implied it was all year, so $30K/yr for Fr, 50-60K for So and 100K+ for

May 15, 1:13pm

Wow. Plus full ride scholarship. What an opportunity for a wise kid.

gangbusters

May 15, 1:13pm

I take it for tax purposes it will be reported on a 1099

fresnoa

May 15, 1:14pm

Hopefully someone is counseling them concerning paying taxes.

AF_Puma

May 15, 1:18pm

Wow. These kids make more than I did coming out of college.

WhyaskY?

May 15, 5:42pm

Their earning potential will plummet when they graduate unfortunately.

Mjolnir

May 15, 7:10pm

BYU was already paying stipends for their FB players for years. Anyone

AF_Puma

May 15, 1:17pm

I remember an article that said they chose to be in the top 10% of stipends

Superman21

May 15, 2:21pm

I remember that.

AF_Puma

May 15, 2:25pm

I think this is pretty common for football programs, including BYU. The stars

May 15, 1:18pm

IMO NIL is smarter when spending on proven talent

May 15, 1:21pm

Position?

Cougstreak

May 15, 1:25pm

db/s

May 15, 2:16pm

Got it. I am sure position plays a factor into $$$

Cougstreak

May 15, 3:59pm

yeah, QB prob starts at $500K+

May 15, 8:33pm

Where was the kid from? I am always intrigued by these types of kids. Why did he

Chester Copperpot

May 15, 1:30pm

Maryland...His dad has an interesting story coming up in a rough area of Wash DC

May 15, 2:19pm

Cool. I served in the DC North mission. I wonder if I know the family.

WhyaskY?

May 15, 5:44pm

Can you imagine making $8k at that age, then not getting into the NFL.

Mister P

May 15, 1:36pm

How do taxes work on this? I assume they have to disclose it as Federal Withholdings won't be auto taken out. Yikes!

May 15, 3:43pm

Ugh. Collective bargaining can’t come fast enough.

BlooCoug

May 15, 4:13pm

Won’t happen anytime soon. Without athletes being employees (which no one wants

Riseandshoutboys

May 15, 6:21pm

Actually, it’s very much on the table. Recent meetings with P5 commissioners

BlooCoug

May 15, 6:48pm

I am curious which model you are referring to? Everything I’ve seen is that no

Riseandshoutboys

May 15, 8:59pm

How do you manage the "starting" piece? Change week to week? You start once and

fattycoug

May 15, 4:18pm

You start if you get paid to start- not if you are actually deserving LOL.

TO11

May 15, 5:22pm

It’s much higher than that

crablegs

May 15, 6:52pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad